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Super Producer Dr. Dre Heads To Ireland, Reportedly For Tax Shelter

(AllHipHop News) Super producer Dr. Dre was the highest paid musician in the world, it was recently revealed by Forbes and it appears that the rap mogul is attempting to save as much of his earnings as possible.

Dr. Dre, born Andre Young, recently based three of his companies in West Cork, Ireland, to help reduce his tax liability.

According to the Irish Examiner, Dr. Dre recently established three companies in Clonakilty, Co Cork, Ireland with a specialty firm named O’Mahony Donnelly, in order to take advantage of country’s corporate tax rate.

“Since I established O’Mahony Donnelly here in 2000 we’ve worked with a number of multinational corporations to get them set up in Ireland,” said Michael O’Mahony. “This has become a great niche for our firm.”

The mogul listed three businesses which have addresses listed with O’Mahony Donnelly, a firm that specializes in helping clients like Dr. Dre.

Much of the $100 million that Dr. Dre raked in last year came through his Beats Electronics empire, which spans computers, headphones and mobile phones.

  • Cel Layne

    this is what happens when u “make the rich pay more”. they send jobs over seas.

    • XBOXnHEINEKENS

      He’s not sending jobs over there, he’s sending money by setting up shell company based in Ireland he’s taking advantage of their tax rate to keep his bread. I woulndbt have advertised that shit though the IRS don’t like people broadcasting ways to get around them.

      Btw the “jobs” overseas things been happening for YEARS. Companies been outsourcing and opening sweatshops in poor countries , that’s nothing new.

    • imaman2012

      fox news is that-a-way…

      and im sure beats are made in china not because of taxing the rich more so because you can get a worker to work 12 hour days for 3 bucks.

      and sell what they make for hundreds of dollars

      • anemia716

        Dr. Dre is merely a face for those headphones, to help them sell. Mission accomplished. He has no say in Monster’s day to day corporate decisions.

    • MindFire

      No idiot, this is what happens when a culture of greed and “money over all” is created by decades of inhuman, immoral, evil, White businessmen raping this country and its citizens while making the rules as they go along to make every penny they can even when they are filthy rich. “Making the rich pay more” is nothing more than a futile attempt to correct all these years of continued wrong doing by this countries corrupt, godless wealthy businessmen.

      • hoeyuno

        cosign. I bet dte’s a cheap mofo.

  • Tony G.

    This will become the norm for business people in this country…if it hasnt already….

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  • Greedy ass niggas…

  • game213

    his dumbass should have voted for Romney

    • hoeyuno

      I bet he did.

  • Richard Savage

    Well we know who he voted for lol. I aint mad at em tho. Let me get some money like that and watch me become a Republican lol

  • Exactly what I was saying about Obama in the first place……..Rappers are not supporting him all that much anymore, because his plans includes pay cuts for most of you flashy ass rappers.

    • Inmadopicouroz✓QUEENSᵛᵉʳᶦᶠᶦᵉᵈ

      why do u comment on everything u lame ass biz markie reject!

      • Don’t speak things on the internet that you wouldn’t say to someones face. See me in the streets for all of that.

      • W.E.B. Du Bois

        Dior – this guy Inmadopuroz is another of those mutt race people that’s trying to find some importance.

    • vibez

      im sure his pockets leaking

  • Darkfather504

    If his companies produces wages for employees than thats jobs not in the US, the fulfillment would be better if knowing you can help lil Ray-Ray from hustling so Ray-Ray can now make an honest living. Way to Go Dr.

  • anemia716

    They should send his big ass to Ireland along with his money. Heaven forbid the rich get taxed according to their income.

    • hoeyuno

      yea o agree. the only reason rich folks in the states don’t get properly taxed cause other greedy rich mofo’s make the laws. then the same people point fingers at why the country is a financial cluster fucc

      • ERIC JACKSON

        The country is fucked up cause Bush came and spent an obscene amount of money on wars. And by the way Obama continues to do the same thing. Damn near 40 billion a month Obama is spending. His ass is part of the problem too. Not really the rich people but the government spending.

      • You do realize a financial hub was attacked on 9/11 right? That had allot to do with the financial fall. And if you want to blame previous admins, then that was Clinton’s fault. P.S., 5% unemployment under Bush, 8 or 9 now.

      • Nah, in reality, the economy is a Ponzi scheme, like a game of monopoly, where the bank always wins in the end. In fact, dude on the get out of Jail Free card, and Food stamp card, and federal reserve private bank, etc., is J P Morgan, who rigged the economy.

      • Well if you think that fine, and maybe it is true, but still the point of my previous was just to state the obvious about who really fucked up the most between Bush & Obama, & how this anti-other people’s good work is not good.

      • Sorry, but 9/11 was an inside job.

        They are both puppets! They have an esoteric agenda, which when you study the RESULTS, is actually the same!

        Look at the wars! One starts it, the other opposes it, but doesn’t stop it!

      • Can’t argue with conspiracy theories.

      • It’s a conspiracy fact!

        Still, conspiracy theories are like lotteries, and their evidence are like tickets, which each piece, the likely hood of winning increases, ever so slightly!

        Study it, all of it!

        Google : “Israel did 9/11 All the proof in the world”
        It’s on the information underground, check those facts & then holla back!

        Deal?

      • Winning the lottery is a long shot, bad analogy.

        Google? Nice solid info source.

      • so you believe everything google tells you ? DF

      • You failed reading and comprehension didn’t you?

        Well this is a hip hop site.

      • Yeah, but it is research, and you can use it to research various aspects of information.

        Would rather trust google & get independent viewpoints, that rely on the lamestream media.

      • A long shot that increases, even if ever so slightly, with each ticket, and with each piece of evidence, the conspiracy theory, get closer to a conspiracy fact.

    • why should he pay for other peoples mistakes? he earned every million he got. HARD WORK pays!!

      • Exactly, wanting other people’s money, we need to stop that. The people are too blame just as much as others always wanted blame rich ones.

      • anemia716

        I’m not blaming anyone. I just understand how tax and tax law works. He wants to take shortcuts that for some reason he feels he’s entitled to because he “made” that money. Uh dont you as an American citizen earn your paycheck as well? So why are you being taxed at a higher, while making a fraction of the wealthy make? I know things about the IRS and tax law,enough to know that, although what he’s doing is legal, it’s frowned upon and the IRS will eventually get theirs.

      • You are blaming people, you say he’s not paying taxes & he should leave the country? No, people who keep hating on others doing well need to leave the country, since America is not about that. But I know that will never end until other mature & get their own to take advantage.

      • Guest

        half the ppl earning their pay check are not paying a income tax.

      • IRS = illegal

      • Yeah! Only the people working for minimum wage should have to pay for other people’s mistakes!

      • anemia716

        being an American citizen means paying taxes. If you don’t want to do that, like every citizen that is TAXED according to their income, then leave this country.

      • Tax shelters are 100% legal….

      • Jon

        “HARD WORK pays!!” The most ignorant thing I have heard today. What about the Single-Mom school teacher who bust his ass day after day to only make ends meet with his paycheck? She is not working hard? And on top of that she have to pay more taxes.

      • D.Beal

        a single mom school teacher is not paying taxes bro.

  • how about stopping going from one war to another , or going from taking down goverments in others countries n then moving onto the next , that my friends would save the american goverment BILLIONS UPON BILLIONS for its people.

  • Lamarr Lewis

    okay dre your smart wait until america becomes communist by china thats the future and puff daddy’s networth is at 550 million so you arent the highest payed producer

  • W.E.B. Du Bois

    the republicans put in tax Breaks – for those who ship corporations overseas – another tactic by the enemy. – Dre is using that law.

    • The enemy? & blacks who go broke for spending hundreds on one pair of shoes, who’s tactic is that? Only enemy is people’s own reflection, the conspiracy, hate & envy needs to stop.

      • W.E.B. Du Bois

        Omega Kin – how did you get consp. hate & envy outta that? – I only meant what I said – and said what I meant – none of your stupid accusations are in my being – you messsed up way back, when you didn’t learn to comprehend reading – I like seeing Negros do good – I got my own, growing, and never been jealous of anyone. – so stop being stupid

      • W.E.B. Du Bois

        Omega Kin – ain’t you onna them stupid talking mutts?

  • David Amonica

    It’s his money not the government’s to decide how much he can keep. Stop the class warfare. We didn’t even have an income tax before 1930. The government needs to stop spending money they don’t have, end of discussion. People need to learn to provide for themselves and stop trying to suck off of those who produce. How many people has Dr. Dre made rich? Nuff said.

    • It’s not about spending money they don’t have, it’s about the front loaded interest derived from borrowing from a private bank ( Federal reserve ) instead of congress issuing debt / interest free money, as specifically authorized in Article 1, section 8, of the US Constitution.

  • Jay

    Let’s not act like if we were rich we wouldn’t do the same thing. I’m trying to figure out how to lesson my tax burden now.

  • king

    Soon there will no place for the wealthiest to hide this higher taxes will be norm everywhere.

  • jbeamazing

    because he isn’t rich enough off of stealing beats

  • jbeamazing

    where’s Detox dre o yeah your scared to drop that wack shit you drop a single ever 3 years and now body dig it

  • RBR

    I think that is great! Congrats, Dre. And take care of that money!

  • Kenya

    Americans should STOP patronizing this Company ASAP!!!! Why support a Company that refuses to support America getting back on its feet but yet wants Americans to buy its products…..

  • Jon

    I guess all that N.W.A “Power to the people” shit was just a con.

  • D.Beal

    It’s actually a smart idea.And nearly half of the population doesn’t have to worry about a income tax.So all this “he should have to pay the same amount of taxes i pay” is BS coming from a person who gets paid hourly.IJS.

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  • D.Beal

    if it’s wrong to want to use a LEGAL tax shelter than it should ALSO be wrong for people to want to get as many deductions as they can for their tax REFUND.

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  • JJCough

    If I was Dre I’d do the same thing…. Only a fool would sit around while THE MAN is taking what he worked hard to earn. And even if he didn’t work hard to earn it only a fool would do nothing while THE MAN tries taking more.

    Dre is a hypocrite though for supporting Obama and then jumping overseas when Obama does as he said by raising taxes!